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ROOT vs. NVDA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


ROOTNVDA
YTD Return681.77%198.17%
1Y Return730.09%214.54%
3Y Return (Ann)-2.76%69.20%
Sharpe Ratio5.354.20
Sortino Ratio4.964.08
Omega Ratio1.611.53
Calmar Ratio7.208.03
Martin Ratio21.8425.31
Ulcer Index32.46%8.58%
Daily Std Dev132.43%51.73%
Max Drawdown-99.29%-89.73%
Current Drawdown-83.14%-0.84%

Fundamentals


ROOTNVDA
Market Cap$1.24B$3.62T
EPS-$1.15$2.13
Total Revenue (TTM)$1.04B$78.19B
Gross Profit (TTM)$1.04B$59.77B
EBITDA (TTM)-$12.80M$52.02B

Correlation

-0.50.00.51.00.3

The correlation between ROOT and NVDA is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

ROOT vs. NVDA - Performance Comparison

In the year-to-date period, ROOT achieves a 681.77% return, which is significantly higher than NVDA's 198.17% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-20.00%0.00%20.00%40.00%60.00%JuneJulyAugustSeptemberOctoberNovember
28.31%
64.28%
ROOT
NVDA

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Risk-Adjusted Performance

ROOT vs. NVDA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Root, Inc. (ROOT) and NVIDIA Corporation (NVDA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


ROOT
Sharpe ratio
The chart of Sharpe ratio for ROOT, currently valued at 5.35, compared to the broader market-4.00-2.000.002.004.005.35
Sortino ratio
The chart of Sortino ratio for ROOT, currently valued at 4.96, compared to the broader market-4.00-2.000.002.004.006.004.96
Omega ratio
The chart of Omega ratio for ROOT, currently valued at 1.61, compared to the broader market0.501.001.502.001.61
Calmar ratio
The chart of Calmar ratio for ROOT, currently valued at 7.20, compared to the broader market0.002.004.006.007.20
Martin ratio
The chart of Martin ratio for ROOT, currently valued at 21.84, compared to the broader market0.0010.0020.0030.0021.84
NVDA
Sharpe ratio
The chart of Sharpe ratio for NVDA, currently valued at 4.20, compared to the broader market-4.00-2.000.002.004.004.20
Sortino ratio
The chart of Sortino ratio for NVDA, currently valued at 4.08, compared to the broader market-4.00-2.000.002.004.006.004.08
Omega ratio
The chart of Omega ratio for NVDA, currently valued at 1.53, compared to the broader market0.501.001.502.001.53
Calmar ratio
The chart of Calmar ratio for NVDA, currently valued at 8.03, compared to the broader market0.002.004.006.008.03
Martin ratio
The chart of Martin ratio for NVDA, currently valued at 25.31, compared to the broader market0.0010.0020.0030.0025.31

ROOT vs. NVDA - Sharpe Ratio Comparison

The current ROOT Sharpe Ratio is 5.35, which is comparable to the NVDA Sharpe Ratio of 4.20. The chart below compares the historical Sharpe Ratios of ROOT and NVDA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.00JuneJulyAugustSeptemberOctoberNovember
5.35
4.20
ROOT
NVDA

Dividends

ROOT vs. NVDA - Dividend Comparison

ROOT has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.02%.


TTM20232022202120202019201820172016201520142013
ROOT
Root, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NVDA
NVIDIA Corporation
0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%1.70%1.94%

Drawdowns

ROOT vs. NVDA - Drawdown Comparison

The maximum ROOT drawdown since its inception was -99.29%, which is greater than NVDA's maximum drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for ROOT and NVDA. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-83.14%
-0.84%
ROOT
NVDA

Volatility

ROOT vs. NVDA - Volatility Comparison

Root, Inc. (ROOT) has a higher volatility of 54.26% compared to NVIDIA Corporation (NVDA) at 11.26%. This indicates that ROOT's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
54.26%
11.26%
ROOT
NVDA

Financials

ROOT vs. NVDA - Financials Comparison

This section allows you to compare key financial metrics between Root, Inc. and NVIDIA Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items